Overview
- Bitcoin traded around $95,000 after a second daily dip, leaving a roughly 5.5% weekly gain intact.
- U.S. spot bitcoin ETFs logged a fourth straight day of net inflows at $100.2 million, led by BlackRock’s IBIT with $315.8 million, following a prior $840.6 million net day driven by IBIT and Fidelity’s FBTC.
- The Senate Banking Committee delayed work on a crypto bill after Coinbase CEO Brian Armstrong said he could not support the current draft, with disputes centered on stablecoin rewards, tokenized equities, and DeFi restrictions.
- Recent softer U.S. inflation data renewed hopes for 2026 rate cuts, supporting broader risk appetite for crypto assets.
- On‑chain data showed exchange balances at a seven‑month low and limited profit‑taking by long‑term holders, while negative net gamma and an options expiry releasing about 16% of gamma signaled elevated short‑term volatility risk.